Mark Davies Just Mortgages

It's Mental Health Awareness Week.

This year's theme is Movement. 🏃‍♂️

Here are some physical activity ideas to boost your mood and reduce stress:
- Take a walk in nature 🌳
- Dance around your living room to your favourite tunes 🎵
- Try a new yoga or meditation routine‍ 🌞

Let's all look after our body and mind 🧠

Based in Chilwell, home appointments are available locally - however, for those who prefer or live further afield, appointments are online.



YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Just Mortgages is a trading name of Just Mortgages Direct Limited which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.
Approved by The Openwork Partnership on 28/03/2024

📢 BREAKING NEWS 📢

New mortgage product on the market.

Conditions apply

Not sure where to start?

Based in Chilwell, home appointments are available locally - however, for those who prefer or live further afield, appointments are online.



Just Mortgages is a trading name of Just Mortgages Direct Limited which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.

Just Mortgages Direct Limited Registered Office: Colwyn House, Sheepen Place, Colchester, Essex, C03 3LD. Registered in England No. 2412345.

Dydd Gŵyl Dewi Hapus

How do you like your pancakes? Thin and crispy, thick and fluffy, or somewhere in between? 🥞🥞🥞

Appointments are available via telephone, video conference or face-to-face 📆



Just Mortgages is a trading name of Just Mortgages Direct Ltd, which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.

Income Protection has the potential to help you become more financially secure 💛

Are you ready to start the journey? 🏡🏡🏡

🙋‍♀️🙋‍♂️ REFER A FRIEND 🙋‍♂️🙋‍♀️

and you will receive a £50 voucher upon Completion of their mortgage!

** Terms and Conditions apply - Please see Refer a Friend Terms and Conditions **

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Just Mortgages is a trading name of Just Mortgages Direct Ltd, which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.

I know how daunting that first step can be! 🏠

Why not get in touch to let me know of any burning questions you may have ❓



Just Mortgages is a trading name of Just Mortgages Direct Limited which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.

Just Mortgages Direct Limited Registered Office: Colwyn House, Sheepen Place, Colchester, Essex, C03 3LD. Registered in England No. 2412345.

Put off by the paperwork when it comes to remortgaging?

You're not alone!

Approximately 50% of borrowers stick with the same lender for ease when it comes to remortgaging

So make sure you have a calendar reminder, 6 months before your deal is due to end, to provide plenty of time to get your paperwork in order✅

Don't let the daunting task of admin stop you from securing a more suitable rate!

🚨 A reminder that this Wednesday (31st January) is an important date in the tax calendar. 🗓

If you are doing an online tax return, this must be submitted by this date.

You also need to pay the tax you owe by this date

Freehold vs Leasehold - What is the difference?

Put simply,

Freehold is when you own the property and the land it sits on, and

Leasehold is when you own the property for a set period, and rent the land it sits on.

Agreement in Principle:

What is it?

An Agreement in Principle is a conditional offer from a mortgage lender. It indicates the amount they may be willing to lend you based on an initial assessment of your financial circumstances and creditworthiness. 🏦

Who needs one?

Anyone who is considering buying a property and needs a mortgage. It’s a helpful step in the home-buying process, providing an indication of how much you may be able to borrow, allowing you to focus your property search within a realistic budget. While demonstrating to estate agents and sellers that you are a serious buyer who has taken steps to understand your mortgage options.🏡

When should you get it?

It’s advisable to obtain an Agreement in Principle before you start house hunting. This will give you an idea of how much you can afford to borrow and help you focus your property search within a realistic budget.💰

It’s important to note that an Agreement in Principle is usually valid for a specific period, typically around 30 to 90 days. If your financial circumstances change during this time, such as a change in employment status or a new debt, you may need to obtain a new Agreement in Principle.

As a self-employed mortgage adviser, I don't get the same kind of feedback that I would get from working with colleagues in an office.

That's why I'm always grateful when a client takes the time to share their experience with me and let me know how I have helped them.

Yesterday, I received this lovely review from a client whom I helped secure a mortgage for their first home.

Thank you, Gábor!

Soft vs hard credit checks!

Credit checks can be confusing, but don’t worry, I’m here to help! 🤝

A soft credit check is like building a snowman in a garden of pristine snow. The snow remains untouched and no one would know anyone had been there. On the other hand, a hard credit check leaves footprints in the snow, revealing all the kids’ footprints in making the snowman. ⛄

Similarly, a soft credit check shows a top-level view of your financial history, while a hard credit check digs deeper and makes a complete search of your credit report.

Soft credit checks aren’t visible to other companies, but hard checks are.

This means soft credit checks won’t affect your credit score, whereas hard credit checks could. 💳💰📈

So, what happens if you don't remortgage before your mortgage product ends?

Your mortgage lender will typically put you on their standard variable rate (SVR) of interest! 🧐

This means that the rate can go up or down at any time 📈

This will most likely be higher than the rate you have been used to.😲

Your options include:
- Stay on the SVR, or
- Switch to a new deal 🥳

Wishing everyone a Happy Holidays! 🎁🎄

The Bank of England has held interest rates at 5.25% for the third time in a row.

Bank governor Andrew Bailey says there is "still some way to go" signalling that rates will remain high for some time to come.

Join me between 5 and 8 pm on Wednesday 13th December 2023 for a virtual mortgage clinic.

Whether you are at a loss for where to start, simply want to chat about your current mortgage deal or anything in between – speaking to a local mortgage and protection adviser will give you a better understanding of your next steps.

And don’t worry – any mortgage jargon is left at the door and there are no silly questions 😊

To reserve your spot, email [email protected]



Just Mortgages is a trading name of Just Mortgages Direct Ltd, which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Approved by The Openwork Partnership on 06/12/2023

With so many mortgage options available, are you unsure which way to turn?

Choosing the right one can be daunting and stressful…and expensive if you get it wrong!

I can review our comprehensive panel of lenders to find the right deal for you



YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Just Mortgages is a trading name of Just Mortgages Direct Ltd, which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.

Approved by The Openwork Partnership on 06/12/2023

Just Mortgages is a trading name of Just Mortgages Direct Limited which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.
Just Mortgages Direct Limited

Registered Office: Colwyn House, Sheepen Place, Colchester, Essex, C03 3LD. Registered in England No. 2412345.

Improving your credit score could help pave the way to getting a mortgage.

☕



Approved by The Openwork Partnership on 20/09/2022

Just Mortgages is a trading name of Just Mortgages Direct Limited which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.

Are you apprehensive about buying a home? It's my job to make it as stress free as possible for you! 😊

Definitely some welcome news this week, with the announcement that Inflation fell to 4.6% the lowest in two years 📉

The more inflation falls, the more confident the markets will become that interest rates will be cut in the near future 👌

Many commentators are now predicting that the Bank of England will hold the base rate at 5.25% before cutting rates next year.

Look to see the impact on your shopping basket over the last 12 months 🛒

💥 Mortgage application safely submitted 💥

Sometimes, life throws us a curveball and we have to change our plans. ⚾

That’s what happened to my clients, who were looking to buy a new home, but when their own sale fell through, they decided to stay and extend their current one instead. 🏚️👷🧱

They are very happy with their decision and shows the importance of keeping plans flexible when setting up your perfect home 🏠

Mortgage rates have been exploding like fireworks all year long, but as we enter into November, it looks like the show is finally coming to an end! 🎆🏠🎉

The Bank of England have today announced their decision to hold interest rates for the second month in a row.

This follows a run of 14 consecutive rate increases prior to that.

Although, today's news will be welcome for borrowers, the Bank has hinted that it is much too early to be thinking about any rate cuts soon!

As always - a reminder that you can review your mortgage 6 months in advance. Give yourself time to plan for any changes you may face.



YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Just Mortgages is a trading name of Just Mortgages Direct Limited which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.

Just Mortgages Direct Limited Registered Office: Colwyn House, Sheepen Place, Colchester, Essex, C03 3LD. Registered in England No. 2412345